{"id":56985,"date":"2026-08-20T02:49:47","date_gmt":"2026-08-20T02:49:47","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-asia\/uncategorized\/oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate\/"},"modified":"2026-08-20T02:49:47","modified_gmt":"2026-08-20T02:49:47","slug":"oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate\/","title":{"rendered":"Oil prices up as uncertainty looms over Iran president&#8217;s fate"},"content":{"rendered":"\n<h3 class=\"wp-block-heading has-medium-font-size\">Key points:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Brent crude rose 0.3% to $84.24; WTI gained 0.2% to $80.21.<\/li>\n\n\n\n<li>U.S. replenishes Strategic Petroleum Reserve with 3.3 million barrels at $79.38 each.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\">Oil prices edged higher in early Asian trading on Monday, adding to last week&#8217;s gains. This increase came as rescuers searched for Iran&#8217;s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/05\/Oil-VTMarkets-20May-1024x456.jpeg\" alt=\"Chart displaying crude oil prices rising to 79.821 with a trend of 0.33%, amid uncertainty following the crash of a helicopter carrying Iranian President Ebrahim Raisi. The chart features moving averages (MA) and MACD indicators, reflecting market reactions to the geopolitical event. Image hosted by VT Markets, a forex CFDs brokerage\" class=\"wp-image-13372\" style=\"width:1450px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Picture: Oil prices on the rise as seen on <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Brent crude (BRN1!) rose by 26 cents, or 0.3%, to $84.24 a barrel by 0049 GMT. U.S. <a href=\"https:\/\/www.vtmarkets.com\/analysis\/wti-oil-prices-rebound-due-to-supply-disruption-and-inventory-decline\/\">West Texas Intermediate crude<\/a> (WTI) (CL1!) gained 15 cents, or 0.2%, to $80.21 a barrel. Brent ended the previous week up about 1%, its first weekly gain in three weeks, while WTI rose 2%, buoyed by improved economic indicators from the U.S. and China, the world&#8217;s largest oil consumers.<br><br><strong>Also read: <a href=\"https:\/\/www.vtmarkets.com\/analysis\/oil-poised-for-weekly-gain-on-rising-demand\/\">Oil poised for weekly gain on rising demand&nbsp;<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <a href=\"https:\/\/x.com\/AJEnglish\/status\/1792302892411424828\">helicopter<\/a> carrying Iranian President Ebrahim Raisi crashed on Sunday, according to an Iranian official. The lives of President Raisi and Foreign Minister Hossein Amirabdollahian were at risk, the official said. Despite this regional volatility, oil prices moved only slightly.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">A helicopter carrying Iran\u2019s President Ebrahim Raisi and FM Hossein Amirabdollahian has crashed in a remote area in Iran\u2019s East Azerbaijan province, with search and rescue efforts hampered by bad weather. <a href=\"https:\/\/t.co\/t2iohtW2NG\">pic.twitter.com\/t2iohtW2NG<\/a><\/p>&mdash; Al Jazeera English (@AJEnglish) <a href=\"https:\/\/x.com\/AJEnglish\/status\/1792302892411424828?ref_src=twsrc%5Etfw\">May 19, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h1 class=\"wp-block-heading has-medium-font-size\">US government capitalises on cheaper oil prices<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The U.S. government has capitalised on the recent drop in oil prices, announcing late last week that it had purchased 3.3 million barrels of oil at $79.38 a barrel to help refill its Strategic Petroleum Reserve.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Supporting the market last week, signs of easing inflation in the U.S. boosted expectations of interest rate cuts. This could decrease the value of the dollar, making oil cheaper for holders of other currencies.<br><br><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Trade Crude Oil Futures (Symbol: CLOIL) now<\/a>&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As we move forward, market participants will be closely watching the upcoming OPEC+ meeting for any hints of changes in output policy. Additionally, the ongoing <a href=\"https:\/\/www.vtmarkets.com\/analysis\/oil-prices-climb-on-gaza-tensions-and-saudi-price-hike\/\">geopolitical tensions<\/a> and U.S. economic data will play crucial roles in shaping the oil market&#8217;s direction. Traders should remain vigilant and be prepared for potential volatility in the coming weeks<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Start trading now \u2014 click <\/strong><a href=\"https:\/\/www.vtmarkets.com\/get-trading\/forex-trading-account\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\"><strong>here<\/strong><\/a><strong> to create your live VT Markets account.<\/strong><\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-asia\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:16430 -->","protected":false},"excerpt":{"rendered":"<p>Key points: Oil prices edged higher in early Asian trading on Monday, adding to last week&#8217;s gains. This increase came as rescuers searched for Iran&#8217;s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. Picture: Oil prices on the rise as seen on VT Markets <a href=\"https:\/\/www.vtmarkets.com\/analysis\/oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-56985","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Key points: Oil prices edged higher in early Asian trading on Monday, adding to last week\u2019s gains. This increase came as rescuers searched for Iran\u2019s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. 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This increase came as rescuers searched for Iran\u2019s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. Picture: Oil prices on the rise as seen on VT Markets Continue Reading","og:url":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate\/","article:published_time":"2026-08-20T02:49:47+00:00","article:modified_time":"2026-08-20T02:49:47+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Oil prices up as uncertainty looms over Iran president\u2019s fate - VT Markets","twitter:description":"Key points: Oil prices edged higher in early Asian trading on Monday, adding to last week\u2019s gains. This increase came as rescuers searched for Iran\u2019s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. Picture: Oil prices on the rise as seen on VT Markets Continue Reading","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"56985","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-08-20 10:46:57","breadcrumb_settings":null,"limit_modified_date":false,"open_ai":null,"ai":null,"created":"2026-08-20 02:49:47","updated":"2026-08-20 10:46:57","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tOil prices up as uncertainty looms over Iran president\u2019s fate\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-asia"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/"},{"label":"Oil prices up as uncertainty looms over Iran president&#8217;s fate","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/oil-prices-up-as-uncertainty-looms-over-iran-presidents-fate\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=56985"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=56985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=56985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=56985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}